Makagon Kira 4
4 · RingCentral, Inc. · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
RingCentral (RNG) President Kira Makagon Receives Award
What Happened
Kira Makagon, President and COO of RingCentral (RNG), was granted 77,893 performance-based restricted stock units (PSUs) on 2026-02-10. The award was reported at $0.00 per share (no cash paid by the insider) — the filing shows an acquisition-type grant rather than a market purchase or sale.
Key Details
- Transaction date and filing: Grant dated 2026-02-10; Form 4 filed 2026-02-12 (appears timely within the usual 2-business-day window).
- Shares/price: 77,893 PSUs reported at $0.00 per share.
- Vesting: All 77,893 shares reported will vest on March 1, 2026 (per footnote).
- Footnote summary: These are performance-based RSUs. The reported amount represents above-target achievement for 2025 performance, certified by the Compensation Committee on Feb 10, 2026. Remaining PSUs from the original grant are tied to 2026 and 2027 performance.
- Shares owned after transaction: Not specified in the provided filing.
Context
PSUs are compensation awards that convert to actual shares only if performance goals and vesting conditions are met; no cash was exchanged by the insider at grant. Such awards reflect company compensation tied to performance and are not the same signal as an insider buying or selling stock in the open market.
Insider Transaction Report
Form 4
Makagon Kira
President and COO
Transactions
- Award
Class A Common Stock
[F1]2026-02-10+77,893→ 414,055 total
Footnotes (1)
- [F1]Represents performance-based restricted stock units ("PSUs"). The number of shares reported is the above-target achievement of certain performance goals, as certified by the Issuer's Compensation Committee on February 10, 2026, with respect to the first tranche of the performance awards granted to the Reporting Person on May 20, 2025. All shares reported will vest on March 1, 2026 and relate to the portion of this PSU grant that was based on 2025 performance. The remaining PSUs subject to this award will be eligible to vest based on 2026 and 2027 performance.
Signature
/s/ Ashley Ta, Attorney-in-fact|2026-02-12